Modera Wealth Management LLC Acquires New Shares in Avantis International Equity ETF (NYSEARCA:AVDE)

Modera Wealth Management LLC acquired a new stake in shares of Avantis International Equity ETF (NYSEARCA:AVDE) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 382,550 shares of the company’s stock, valued at approximately $23,477,000. Modera Wealth Management LLC owned approximately 0.55% of Avantis International Equity ETF as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Global Wealth Strategies & Associates acquired a new stake in shares of Avantis International Equity ETF during the 4th quarter valued at $32,000. Your Advocates Ltd. LLP acquired a new position in Avantis International Equity ETF during the 4th quarter worth about $63,000. Comprehensive Financial Planning Inc. PA acquired a new position in Avantis International Equity ETF during the 4th quarter worth about $71,000. Wilmington Savings Fund Society FSB acquired a new position in Avantis International Equity ETF during the 3rd quarter worth about $106,000. Finally, MeadowBrook Investment Advisors LLC acquired a new position in Avantis International Equity ETF during the 4th quarter worth about $104,000.

Avantis International Equity ETF Trading Up 0.1 %

Shares of AVDE opened at $65.60 on Friday. The company has a market capitalization of $5.79 billion, a PE ratio of 15.30 and a beta of 0.92. Avantis International Equity ETF has a 12 month low of $59.02 and a 12 month high of $67.83. The stock’s 50-day moving average price is $63.43 and its two-hundred day moving average price is $64.24.

Avantis International Equity ETF Profile

The Avantis International Equity ETF (AVDE) is an exchange-traded fund that is based on the MSCI WORLD EX USA IMI INDEX index. The fund is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations, focusing on smaller, value companies. AVDE was launched on Sep 24, 2019 and is managed by American Century Investments.